California Organized Investment Network (COIN) Is a Collaborative Effort Between the California Department of Insurance, the Insurance Industry, Community Affordable Housing and Economic Development Organizations, and Community Advocates.

The Investigation Division investigates suspected fraud committed by insurance agents, brokers, public adjusters, bail agents, insurance companies and other individuals and entities transacting the business of insurance who perpetrate fraud against consumers.

"As California's Insurance Commissioner, I am writing regarding a matter of vital importance to the stability of the individual health insurance market: maintenance of adequate, reliable funding for the Cost-Sharing Reduction assistance included in the Affordable Care Act. Approximately half of the 1.3 million Californians who receive Advance Premium Tax Credits through Covered California also rely upon Cost-Sharing Reduction to afford the health care covered by their health insurance policies. Upon your return from the current recess, I urge you to take immediate action to include explicit funding for Cost-Sharing Reductions in the continuing resolution for the current budget year, and to include stable funding for these necessary subsidies in the budget for subsequent fiscal years.

The Cost-Sharing Reduction assistance makes it possible for Americans close to the poverty level to afford health care services by lowering deductibles, lowering co-pays and lowering limits on maximum out-of-pocket expenses in silver plans obtained through the federal Marketplace or state exchanges, such as Covered California."

The California Department of Insurance, established in 1868, is the largest consumer protection agency in California. Insurers collect $289 billion in premiums annually in California. Since 2011 the California Department of Insurance received more than 1,000,000 calls from consumers and helped recover over $394 million in claims and premiums. Please visit the Department of Insurance web site at www.insurance.ca.gov. Non-media inquiries should be directed to the Consumer Hotline at 800.927.HELP or 213.897.8921. Telecommunications Devices for the Deaf (TDD), please dial 800.482.4833.